Tweets on 2010-04-29
The key to your financial health is having a consistent, up-to-date picture of your finances at all times, and a clear plan and path for the future. Source: amzn.to/cE8uDg.
Month: April 2010
Tip Tuesdays: Deposit Your Credit Card Payment Checks Well Before the Payment Due Date
Because, The Payment Due Date is the last date by which the bank should receive clear funds post processing towards card payment, failing which, future transactions may not be honored and late payment charges and charges on revolving credit plus service tax will be levied as applicable. [sniplet tip tuesdays]
Organizing Your Finances: Do You Know What Your Annual Expenses Are?
Each Monday morning, I plan to post my thoughts on Organizing Your Finances. Through this series, I hope to share a tip or two that address a common problem that many of us face in our daily lives — that of organizing our finances. I’d love to hear your thoughts on this initiative and would […]
Tweets on 2010-04-22
HSBC's offer – Upgrade from Classic Card to Gold Card. One time upgrade fee of Rs.99. This when I got a Platinum Card for free from HDFC. #
Tweets on 2010-04-22
The drawing that first inspired me to evaluate my cash flow.
Tweets on 2010-04-21
Here’s a timely article featured in The Economic Times on why you shouldn’t invest in a ULIP. Between us, D & I have a ULIP that commands a ridiculously hefty premium, provides a really laughable amount as insurance coverage, and has actually tanked in value. Ouch! Thankfully, it’s about to complete three years of tenure […]
Tip Tuesdays: What Does a Negative Free Cash Flow Indicate?
You’re trying to spend/save/invest money that you don’t have. Given this definition of free cash flow, a negative value can mean: Your income is too low, or Your expenses are too high, or Your goals (and hence savings/investments) are unrealistic. Cut-back first on #2 and then on #3. Even better — increase #1. [sniplet tip […]
Organizing Your Finances: Do You Know What Your Free Cash Flow Is?
Each Monday morning, I plan to post my thoughts on Organizing Your Finances. Through this series, I hope to share a tip or two that address a common problem that many of us face in our daily lives — that of organizing our finances. I’d love to hear your thoughts on this initiative and would […]
Awareness Fridays: Guidelines on the Base Rate System
If you have an existing loan of any sort from a bank or are planning to avail one, these guidelines on the soon to be introduced Base Rate system are a must read. I particularly like this directive: The Base Rate system would be applicable for all new loans and for those old loans that […]
Tip Tuesdays: Savings Are for Short-Term Goals; Investments Are for Medium and Long-Term Goals
Keep this one rule in mind and you won’t go wrong in planning for and meeting your goals. Don’t invest for short-term goals and don’t save for medium and long-term goals. That said, here’s how I define short, medium, and long-term. Short-term: Less than or equal to one-year Medium-term: Greater than one-year but less than […]
Organizing Your Finances: Do You Have All Your Income Tax Returns Safely Filed and Available?
Each Monday morning, I plan to post my thoughts on Organizing Your Finances. Through this series, I hope to share a tip or two that address a common problem that many of us face in our daily lives — that of organizing our finances. I’d love to hear your thoughts on this initiative and would […]
Tip Tuesdays: How to Cover Household Expenses If You’re Not Paid On the Last Working Day of a Month?
Though most of us are paid our salary on the last working day of a month, there are many who only receive their salary by the end of the first week of a month. But your household expenses don’t wait till you receive your salary. If you belong to the latter group, here’s a good […]
Organizing Your Finances: Do You Have a Complete Picture of Your Debt?
Each Monday morning, I plan to post my thoughts on Organizing Your Finances. Through this series, I hope to share a tip or two that address a common problem that many of us face in our daily lives — that of organizing our finances. I’d love to hear your thoughts on this initiative and would […]